Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, April 14, 2010
Natural Gas Futures Support Potential for Long Term Reversal of “UNG” / Commodities / Natural Gas
Several weeks ago autobottrading.com spoke of the natural gas sector and the possibility that a major trend change was potentially setting up for the commodity. Natural Gas futures had reached long term support, setting up a sector call similar to our encouragement to get long Crude when it was trading in the mid to high $30’s last year. We warned in the March 13th post, of the likelihood of a sharp spike lower into potential support at $3.75 and then the potential of a powerful trend changing reversal. On April 1st, May natural Gas had powerful rally which on the daily chart reflects the potency of the longest time series support we have mentioned over the last several weeks.
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Wednesday, April 14, 2010
Precious Metals Market Manipulation, Grab a Calculator Before the CTFC Investigation / Commodities / Market Manipulation
As the CTFC begins to investigate claims by a whistle blower that the precious metals markets have been manipulated by several large US banks, investors are left to ponder: “What will happen to silver if manipulation is found?” Can you say, payday?
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Wednesday, April 14, 2010
Case for Gold "Positive" as Fed Promises "Low Rates for Extended Period" / Commodities / Gold and Silver 2010
THE PRICE OF GOLD held onto a volatile 1.3% gain vs. the Dollar on Wednesday, rising to $1160 an ounce after Federal Reserve chairman Ben Bernanke vowed in congressional testimony "that very low, extremely low rates will be needed for an extended period."
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Wednesday, April 14, 2010
Are Gold and Silver Stocks Going to Plunge From Here? / Commodities / Gold & Silver Stocks
In our previous essay, we've stated that a small correction [in gold] may be likely very soon, and since that his is what we've seen very recently, you might be wondering if this means that gold is likely to move much lower from here. Although gold didn't move in the opposite direction to the U.S. Dollar during the last several days, the negative correlation between these two markets has been visible during the whole bull market, which means that it may be worthwhile to analyze the USD index even if one is interested only in gold.
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Wednesday, April 14, 2010
Palladium Surges 8% in One Day to Test Long Term Resistance; Gold Short Term Correction? / Commodities / Gold and Silver 2010
Gold fell to as low as $1,145/oz in New York, it then recovered to close with a loss of just 0.86% yesterday. It has risen from $1,153/oz to $1,160/oz in Asian and early European trading this morning. Gold is currently trading at $1,160/oz and in euro and GBP terms, gold is trading at €850/oz and £753/oz respectively.
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Wednesday, April 14, 2010
Gold Bull Market Warming Up, Keep Your Eyes on the Golden Prize / Commodities / Gold and Silver 2010
Gold's bull market is starting to get warmed up again. The gains ahead in Gold are going to be greater than what we have seen since the secular bull market began at the turn of the century. Gold will continue to outperform general stocks, real estate, bonds and most if not all commodities.
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Wednesday, April 14, 2010
Electricity Generation Going Nuclear, Obama’s Green Machine Is Ready to Go / Commodities / Renewable Energy
Marin Katusa Casey’s Energy Opportunities writes: Over the Easter weekend, seven nuclear reactors throughout the United States stopped operations, and natural gas prices skyrocketed by over 20%. And this was when most of the country was enjoying mild weather and businesses were shut for the long weekend.
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Tuesday, April 13, 2010
Gold and Silver Bull Market Phase 2, The Tipping Point is Upon Us! / Commodities / Gold and Silver 2010
A "tipping point" in sociological theory is defined as "the level at which the momentum for change becomes unstoppable." An idea or a movement has reached "critical mass."
I believe the global economy has reached that point.
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Tuesday, April 13, 2010
Gold Succumbs to Profit Taking After Breaking Above Resistance / Commodities / Gold and Silver 2010
Yesterday, gold jumped to $1,169/oz in Asia before falling in New York, it then recovered to close with a small gain of 0.11%. It range traded from $1,150/oz to $1,157/oz in Asian trading this morning. Gold is currently trading at $1,154/oz and in euro and GBP terms, it is trading at €847/oz and £750/oz respectively.Read full article... Read full article...
Tuesday, April 13, 2010
Gold and Silver Slip as Dollar Benefits from Greek Uncertainty / Commodities / Gold and Silver 2010
THE WHOLESALE PRICE of gold and silver bullion both dropped in London on Tuesday, pulling back 2.0% and 3.5% from Monday's early highs as world stock markets fell with crude oil, and the US Dollar rose.
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Tuesday, April 13, 2010
Marc Faber on Gold, the Coming Big Bust, hyperinflation, and then Collapse / Commodities / Gold and Silver 2010
Marc Faber, the Swiss fund manager and Gloom Boom & Doom editor, warns that when the next crisis hits, 'you'd see people flee from all paper currencies into precious metals'.
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Monday, April 12, 2010
There's Still Money in Junior Gold Miners / Commodities / Gold & Silver Stocks
While Union Securities, Ltd. Investment Advisor Michael Ballanger says we're still in a vintage bear market situation, he sees opportunities for investors in the junior mining sector. In this exclusive interview with The Gold Report, Michael explains the rule of thumb he uses when investing in the juniors.
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Monday, April 12, 2010
Where Will the Food Come From to Satisfy China's Growing Consumption? / Commodities / Agricultural Commodities
While out this week shopping at your favorite food store, do something for one of your grandchildren. Use that fancy cell phone to take a few pictures of those food stores. Be sure to get several of the store front with people entering. With those pictures you may be able to convince your disbelieving descendants that a time did exist when grocery stores did not have armed guards.
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Monday, April 12, 2010
Gold Price Bubble Theorists Remain Silent as Gold Hits Record Highs in Euros and Pounds / Commodities / Gold and Silver 2010
Last week saw a record high in the gold price in pounds, a record high for the gold price in euros and a four month high in US dollars.
It’s been an extraordinary week for bullion. The gold price rose 2.44 percent against the pound. On Thursday the precious metal rose to an all time record of 757.9 pounds.
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Monday, April 12, 2010
Ride the Gold Bull Market to Glory … / Commodities / Gold and Silver 2010
I’ve got some important ground to cover with you today, so let’s get started.
First, no matter what happens in the world today …
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Monday, April 12, 2010
Gold Jumps to New 2010 High on Greece $55bn Bailout / Commodities / Gold and Silver 2010
THE PRICE OF GOLD for Dollar investors hit its best level since the record spike of 5 months ago on Monday, jumping at the start of Asian trade as the US currency fell hard on the European Union's weekend announcement of a €30 billion loan facility for Greece, with a further €10bn available from the IMF ($55bn all told).
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Monday, April 12, 2010
Gold Rallies to New 2010 High, 27 Year Record High in Yen / Commodities / Gold and Silver 2010
Gold jumped to as high as $1,164.38/oz in New York on Friday, and rose 0.69% on the day and 3% on the week. It rallied sharply on the open in Asia (from $1,159/oz to over $1,169/oz) and has since range traded from $1,162/oz to $1,169/oz in Asian and early European trading this morning. Gold is currently trading at $1,164/oz and in euro and GBP terms, at €855/oz and £754/oz respectively.
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Monday, April 12, 2010
Speculate In Gold / Commodities / Gold and Silver 2010
The explosive move in gold which I have been predicting for some months is now under way. He who hesitates is not lost, but he does make smaller profits. You have undoubtedly heard of the death of a thousand cuts. You now face the death (of your profit) by a thousand decisions to do nothing. But first, let us review the art of speculation.
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Monday, April 12, 2010
Everything Is Backed By “Nothing” Not Just GLD and SLV / Commodities / Gold and Silver 2010
To those who have spent countless hours trying to “crack” mankind's greatest mystery… your reward is honors in the blogosphere and 200 extra subscriptions!For those of who you found that ever elusive “manipulation” proof the world owes you all of its gold for your fine work. Truly, now, the world is a better place and all of our problems have been solved.
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Monday, April 12, 2010
Gold Bull Market Strong Week Takes Out March Resistance High / Commodities / Gold and Silver 2010
Gold had a strong week, adding $34.80, to close at $1161.60 (continuous contract), for a weekly gain of 3%. Gold made a new closing high for the year (2010), and is approximately 4.47% from its Dec. 2009 all-time high.
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